Suncity Group named as “2020 China’s Top 500 Listed Companies”
Suncity Group Holdings Limited (1383.HK) is pleased to announce that the Suncity was named as “2020 China’s Top 500 Listed Companies” by Asiabrand, with a brand value of RMB 8.7 billions. The accolade is a testament to Suncity’s leading position in Asia gaming, which is highly recognized by the professional brand valuation agency.
Aligning with the national policy of creating strong national brands, on January 30, the second “Brand Power Forum cum 2020 China’s Top 500 Listed Companies” was organized by the brand valuation agency “Asiabrand”, co-organized by the Brand Management Expert Committee of China-Asia Economic and Asiabrand.com online.
Among the companies on the list were Alibaba, China Life Insurance, Tencent, Lenovo, Zhongjin Gold, Chow Tai Fook, Suncity Group, Ronshine China, Zhewen Interactive Group, Genscript Biotech, GRG Banking, Chengdu Kanghong Pharma Group, China Lesso, Sihuan Pharmaceutical, Redco Group, Conch Venture, Bank Of Changsha, Inovance Tech, Guangzhou Development Group, Haier Smart Home, China National Accord Medicines, PETROCHINA, Qingdao Port, Nanhua Futures, Thunder Software Tech, Xiaomi, Sichuan Languang Development, etc.
The Group’s first integrated resort HOIANA is now open to the public, with all facilities set to open their doors at the same time. Among the wide array of facilities included the entertainment facilities of Hoiana Suncity, the golf course of Hoiana Shores, and the 4 luxury hotels managed and operated by Rosewood Hotel Group, offering over 1,000 guest rooms.
In the meantime, the second phase project will also be commencing. Utilizing its unique coastline, the next phase of the resort will focus on increasing the number of guest rooms as well as the expansion of retail areas, including beach resorts and a Vietnamese Village. At the same time, taking advantage of its geographical location, HOIANA will target at bringing in tourists from Southeast Asia, with the aim to create the finest entertainment hub of Southeast Asia.
Tigre de Cristal Resort
In 2020, Suncity Group Holdings Limited (1383.HK) became the single largest shareholder of Summit Ascent Holdings Limited (102.HK), as the Group participates in both operations of Tigre de Cristal Resort Phase I in Vladivostok, Russia and the development of the resort’s second phase. Currently, Tigre de Cristal Phase I is the largest integrated resort in Russia, with a positive trend in business and revenue growth driven by the local Russian clientele.
The Phase II development project is also in progress, increasing the number of entertainment facilities and guest rooms. Set to open for preview in late 2022 and grandly open in 2023, the project will also add to the resort new restaurants and bars, premium outlet and duty free shopping, multi-functional area, and a beach club and spa. Thanks to its prime location in Northeast Asia, the Group will be introducing Japanese and Korean travellers to the resort as the target source market while focusing on developing local Russian clientele.
Entertainment City Project in Manila
The Group is also actively engaging in the development of the Westside City Integrated Resort in the heart of Entertainment City in Manila, Philippines. The project covers an area of over 20 hectares and is set to open its doors before 2023, creating the hub of entertainment of Philippines together with our local partners.
The project features an integrated entertainment hotel with 400 guest rooms, 960 parking spaces, poolside club, etc. Together with the shopping mall, theatres, restaurants and retail facilities of Westside City Resorts World Inc., the project will form the hub of entertainment.
With developments on all fronts, Suncity Group is committed to its global hotel and resort management business, striving to become a leading integrated resort operator.